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say. and keep it there for a long time. >> the u.s. economy? >> almost no impact whatsoever. stock markets go up and down. they always overreact. i would not pay any attention to them. one way or the other. >> a common view. >> the only thing that makes sense is that it drops the most, but if you took seriously their estimate of the cost to japan, to claim that the wealth loss was almost $1 trillion. that is clearly not realistic at all. the drop has been too much. one reason is that the market has been then. there is not that much confidence in it. in europe, there has also been a drop in the stock market, but the same story. the u.s. stock market has been pretty resilient. nothing -- nothing much has really happened. maybe it is unfortunate, but japan is simply not a big market for the united states. we do not export much to anybody anymore. in particular we do not export a lot to japan. we worry about japan, it is too soon about a big interruption to our electronic and automobiles supplies. i do not expect that to happen. i do not think that what goes on in japan will have a big
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